Bengaluru, Mar 6: In the face of unprecedented economic difficulties, Chief Minister B S Yediyurappa has chosen to hike the prices of fuel and liquor to fund development in his 2020-21 Budget, which tries to offer something for everybody with the available resources.
Yediyurappa announced a 3% hike in the rate of tax on petrol and diesel. This will result in the prices of petrol going up by Rs 1.60 per litre and diesel by Rs 1.59 per litre. This is expected to fetch the government Rs 1,500 crore.
By hiking additional excise duty on Indian Made Liquor (IML) by 6%, the government hopes to mop up Rs 1,200 crore.
In essence, Yediyurappa, the finance minister, pointed fingers at the Centre for the state’s fiscal woes. He said Karnataka’s share in Central taxes has come down this fiscal by Rs 8,887 crore. Plus, Rs 3,000 crore GST compensation will also be reduced as collections from the GST cess are not on expected lines, he said in his Budget speech.
“It has become difficult to reach the 2019-20 Budget targets due to these reasons. To manage this situation within the bounds of the Karnataka Fiscal Responsibility Act, it has become inevitable this year to cut down the expenditure of many departments,” he said.
Under the 15th Finance Commission, Karnataka will see a reduction of Rs 11,215 crore in the state’s share of central taxes in 2020-21, Yediyurappa said. He also pointed out that expenditure on salaries, pensions and loan interest payments had risen by Rs 10,000 crore. “Serious difficulties are being faced in resource mobilisation efforts of the state. The state never faced economic difficulties of this magnitude in the previous years,” he said.
But in an attempt to please all, Yediyurappa made announcements across sectors and communities. Instead of the usual department-wise announcements, the CM chose to divide the Budget into six sectors: agriculture & allied activities; welfare & inclusive growth; stimulating economic growth; Bengaluru development; culture, heritage & natural resources and administrative reforms & public service delivery.
Farmers will get additional incentives under PM-KISAN costing Rs 2,600 crore and a waiver of interest on loans they have borrowed from cooperative banks worth Rs 466 crore.
The CM has earmarked Rs 500 crore to start work on the Kalasa-Banduri canals under the Mahadayi project. Also, Yediyurappa has given Rs 1,500 crore to commission the Yettinahole drinking water project.
This project will cater to the districts of Hassan, Chikkamagaluru, Tumakuru, Bengaluru Rural, Ramanagara, Chikkaballapur and Kolar.
For Bengaluru, the CM has made an allocation of Rs 8,772 crore. This includes Rs 500 crore for the suburban rail project, an electric bike taxi project and bus priority lanes.
Significantly, Yediyurappa has not made any allocation to mutts. However, the government will spend Rs 100 crore on the Anubhava Mantapa at Basavakalyan, Rs 66 crore for a 100 ft Kempegowda statue in Bengaluru and Rs 20 crore on a 325 ft statue of Basavanna at the Murugha Mutt in Chitradurga.
The CM has given Rs 305 crore for the development of various communities — Christians (Rs 200 crore), Upparas (Rs 10 crore), Vishwakarma (Rs 25 crore), Ambigara Chaudaiah (Rs 50 crore), Arya Vysya (Rs 10 crore) and Kumbara (Rs 10 crore).
Also, nearly 22.5 lakh government employees and their dependents will get cashless treatment facility for surgical treatment procedures at an estimated annual cost of Rs 50 crore under the Jyothi Sanjini scheme, the CM said.
Comments
BABA's everywhere ,
better call kamesh baba...
waiting for kamdev baba.....
LOL he must be a stud, this kind of libodo at this age.haha.
power of ayurvedic medicines
NITHYANANDA
SARAWATI
ASARAM BAPU
NARAYAN SAI
SAI BABA
kRIPALU MAHARAJ
iCHADARI BABA
PREMANANDA
its like every month ONE SWAMI is caught for sexual activities..
ALL above big Swamis caught in this act... When will U guys WAKE up... Hindus need to understand and not fall trap to anybody...
JUst depend on GOD. To depend on GOD only, U need to learn WHO is GOD... IF U are HONEST, the GOD who created U & ME & all that EXISTS will GUIDE YOU...
STOP worry about your life with all the RAHU KALAAS and other KALASS its a game played with the one who is far from the TRUE CREATOR... When U recognize the TRUE CREATOR ... U will understand this JOYTHIS Deception like \this day is not good or that\"
STOP fearing... and LEARN who is TRUE GOD."
Idol worship is wrong and the people who run it will never say to YOU guys cos its a money making tool to fool those who doesnt look \WHO is their CREATOR\"
Unless U search for YOUR CREATOR of YOU and all that Exists... We all fall to such a way of deception in worship which make the creation like STONES as YOUR GOD or REACHING GOD (which seems that we are not using our god given intellect.)
The CREATOR says PONDER on ME ... He will Guide us ..But If we rely on IDOLs and other created objects as Gods then our Intellect is ZERO. NOTHING
God says HUMANs are Intellect than any of his CREATION, if we USE our Intellect... to HONESTLY look for HIM. He will Guide us. even if you are in deep jungle looking for HIM.
But people believe what is said and they doesnt use their intellect. which is pushing them FAR from the TRUE CREATOR.
Recognize YOUR lord and WORSHIP the CREATOR and not his CREATION... U will not fall to such pornist as your SWAMI. its not first ... U check your self... (NA TASYA PRATIMA ASTI) There is no image of God ... PONDER Y are U asking with the ImAGE which is LIFELESS>>> not even move hands and heads like us."
Dear Brothers,
Please learn from these endless incidents.
Hindu community is responsible for these incidences not only the Babas.
This is the consequences of Not allowing the priests to get marry.
the same thing happens with Christian churches.
Allow the priests to get married. As they would have families, they can understand the problem of worshippers, public
Otherwise you have to face the unfortunate consequences with our own sisters.
May God Guide
BOLO BABA PARAMANAND KI...
Now many might be dreaming to became SWAMI at-least once in life time to have free fun and enjoyment with support and protection of RSS/BJP goondas and politicians
LOL..!! The continuous news of HindusSanghis involved in rapes, molestation etc. and in return the reward to set them free, one can simply say- Bharat Mata ki Jai!
LOL>>>We are not saying ALL HINDUS ARE RAPISTS. BUT ALL RAPISITS ARE HINUDS.
Doesn't it sound similar to Terrorist/Muslim etc.
Parmanand ji Maharaj: We are all fortunate to have Narendra Modi and Baba Ramdev with us.
Baba Ramdev is out of depth now. My sincere advice with Swami Parmanand jee is do Dhyan for sometime to regain balance.
Baba Hari Das gave me the name \Parmanand\". I think it was a great joke because everyone started calling me \"Parmasean\"."
Seriously i dont know, who make them famous, why people go there..
Baba Parmanand is a \stud\". Literally Was sexually exploiting infertile women to.. A feat at his age."
Just look at sanskaari, oops I mean, tharki Baba Parmanand's age. But then I am probably being ageist!
There goes another Fake Godman.
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